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Stock Market & Financial Investment News

News Breaks
December 14, 2012
13:02 EDTSMGScotts Miracle-Gro sees FY13 operating margin 11%-11.5%
Operating margin rate is expected to be in the range of 11%-11.5% in FY13. Interest expense is forecasted to be flat to modestly higher compared to FY12. The effective tax rate for the year is projected to be in a range of 36%-37%.
News For SMG From The Last 14 Days
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July 28, 2015
09:20 EDTSMGScotts Miracle-Gro should be bought at current levels, says SunTrust
SunTrust expects Scotts-Miracle to report weaker than expected Q2 results and provide weaker than expected full-year guidance, due to recall and weather issues. However, the firm thinks that investors will quickly shift their focus to fiscal 2016, when it believes the company will benefit from easier comps, favorable commodities, and higher than expected earnings.

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